Updated October 11, 2023
A Maryland commercial lease agreement is a contract between a landlord of commercial property and a business tenant. Commonly used for leasing retail, restaurant, industrial, or office space, the agreement details the terms and conditions of the lease, such as the lease term, rent amount, security deposit, subleasing, and exclusivity. Once signed by both parties, the document becomes a legally binding contract that is enforceable in a court of law.
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